Filed March 1, 2022 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,454 | $48,795+257.5% | $65,493+166.4% | $84,808+105.7% |
| Participation rate | 44.6% | 67.0%-22.4pp | 73.1%-28.5pp | 68.3%-23.7pp |
| Annual return | 15.36% | 20.20%-4.8pp | 982.45%-967.1pp | 40.90%-25.5pp |
| Employer contribution / active EE | $0 | $1,930-100.0% | $2,574-100.0% | $2,631-100.0% |
| Participant deferral / active EE | $7,644 | $2,928+161.0% | $3,961+93.0% | $4,212+81.5% |
| Admin fee / account holder | $39,003 | $3,877+906.0% | $5,028+675.7% | $7,344+431.1% |